LeChateau encourages customers to sign up for their referral program with a chance to win a $2000 shopping spree. All a customer needs to do is refer their friend, who then needs to sign up for their newsletter while also receiving a 15% discount. On the bottom left corner of their website, they include a ‘WIN $2000’ tab to entice customers to click the link. Once customers click it, they’re redirected to a landing page where they learn how they can have a chance to win a shopping spree. Since email marketing is one of the most powerful ways to grow your sales, this strategy is easy for your affiliates to do, while also focusing on the long-term growth of your online store.
We will pay Standard Program Fees and Special Program Fees in the default currency for an Amazon Site approximately 60 days following the end of each calendar month in which they were earned by the method described below that you have selected. You may be permitted to elect to receive payment in a currency other than the default currency for an Amazon Site. If you choose to do so, you agree that the conversion rate will be determined in accordance with Amazon’s operating standards.
Some commentators originally suggested that affiliate links work best in the context of the information contained within the website itself. For instance, if a website contains information pertaining to publishing a website, an affiliate link leading to a merchant's internet service provider (ISP) within that website's content would be appropriate. If a website contains information pertaining to sports, an affiliate link leading to a sporting goods website may work well within the context of the articles and information about sports. The goal, in this case, is to publish quality information on the website and provide context-oriented links to related merchant's websites.
Awin client services comprises many functions, including dedicated publisher management, to offer expertise in retail, travel, technology, mass media and influencer marketing, providing consultancy, support and insight to all of our clients and partners. Our technical and business intelligence teams are on hand to ensure programs are running at optimal performance model and reporting capabilities. Awin also houses a team of global experts across advertiser management, publisher management and technical and support functions, to ensure a fully coordinated and streamlined strategy, should your program operate across multiple markets, territories or website domains.
An additional note that must be made at this phase is: do keep in mind the LTV or the life-time value of your customer here. In certain scenarios (e.g.: subscription-oriented affiliate programs) it makes sense paying significantly higher commissions on the customer’s initial payment to the company when the latter knows that they will make much more (from the same customer) on future payments. More about it later in this text.
Amazon operates a volume-based advertising fee structure. The more products that are shipped as a result of your affiliate links, the more you'll make per sale. Once you have sold enough products to move up to a different advertising rate, all subsequent sales will give you commission at that rate, until and unless you reach the next fee level. Note that some products are exempt from this commission structure.
If you’re struggling to get affiliates, you can use coupon affiliate sites like Coupon Craze or Ebates to share a discount code for your customers while paying a commission to the brands. You’ll need to pick discounts and affiliate rates that allow you to stay profitable. You need to be making more than a couple of dollars after the fees have been paid to ensure that your business has long-term growth.
You don’t want to put in all the effort but then have a funnel that just does not convert. So I’d like to help you out with 7 examples of affiliate marketing for optimizing your funnels for higher conversions. It’s likely that you are using some of these techniques – but hopefully you will find some valuable information below that you have not heard of before and can help you really move the needle.